Dakota, MN
Population 276 · Minnesota
About Dakota, MN
Dakota is a small community located in Minnesota with a population of 276 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,969 per year, which is 24% above the national median of $75,149. The median age of 45.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Dakota features a median home value of $223,900, which is 9% below the national median of $244,900. This positions Dakota in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 151 total housing units, 95% are owner-occupied (111 units) and 5% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Dakota shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Dakota have an average one-way commute time of 23.8 minutes.
Education & Demographics
20.8% of Dakota residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Dakota, MN
Compared to national averages, Dakota has a median household income of $92,969 (24% above the national median of $75,149). Home values average $223,900, which is 9% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Dakota's income is 25% above the state average of $74,221, and home values are 10% above the state median of $204,472.
Why Live in Dakota, MN?
Dakota offers a strong local economy with a median household income of $92,969, well above the national average, and affordable housing with a median home value of $223,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 2.2%, better than the national average, and short commute times averaging just 23.8 minutes.
Dakota has a population of 276 with a median age of 45.2 years. Compare Dakota with other cities to see how it stacks up, or explore all cities in Minnesota.
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Dakota
What is the population of Dakota, MN?
The population of Dakota, MN is 276 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Dakota?
The median household income in Dakota, MN is $92,969 per year, which is 24% above the national median of $75,149.
What is the median home value in Dakota?
The median home value in Dakota, MN is $223,900, which is 9% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Dakota?
The median monthly rent in Dakota, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Dakota?
The unemployment rate in Dakota, MN is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Dakota, MN a good place to live?
Dakota offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 276 and a median age of 45.2, the city appeals to established professionals and retirees.
How educated is Dakota, MN?
20.8% of residents in Dakota aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Dakota?
Key cost-of-living indicators for Dakota, MN: median home value is $223,900 (9% below national), median rent is $0/month, and median household income is $92,969. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Dakota?
The poverty rate in Dakota, MN is 2.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Dakota, MN?
Dakota's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.